Real Estate

Marcus & Millichap today the sale of Boston Market Ground Lease, a 16,553-square-foot, net-leased property located in Union.
Apr 26, 2022

Net-leased Union property sells for $2.25M, M&M says

Marcus & Millichap announced the sale of the 16,553-square-foot quick service restaurant, which shows QSRs "continue to be one of the hottest net lease sectors among 1031 investors looking for stable cashflow," according to investment specialist Alan Cafiero.

Avenue & Green in Woodbridge from Prism Capital Partners offers residences and retail space.
Apr 26, 2022

Prism’s Avenue & Green in Woodbridge inks new retail tenant

A business that has been serving the community for more than 55 years will join LeGrand Coffee House and The UPS Store at the luxury transit-orientated development.

Morristown Plaza at 163 Madison Ave. in Morristown.
Apr 26, 2022

Lee & Associates New Jersey tapped to market Morristown Plaza

The complex offers 122,000 square feet of Class A office space spanning 161 and 163 Madison Ave., minutes from Morristown Green and that city's and the Convent train stations.

Gov. Phil Murphy’s delegation embarks on an economic mission trip to Ireland to jump start economic development. On the 1st day, April 24, 2022, the governor visits the Trinity College for a tour of the Book of Kells and a visit to the Guinness house.
Apr 25, 2022

NJCU, DEVCO latest collaborators announced on Murphy’s Ireland trip

As he continues his four-day trip through Ireland, Gov. Phil Murphy announced the signing of three Memorandums of Understanding between New Jersey academic and real estate entities with top Irish tech universities and a startup accelerator.

Rendering for Haus25, a 56-story tower located at 25 Christopher Columbus Drive in Paulus Hook Jersey City.
Apr 25, 2022

Sustainable living within reach: Haus25 starts leasing in Jersey City (slideshow)

Veris Residential launched leasing at its first property to be delivered since it rebranded from Mack-Cali in December. The Jersey City building embodies the company's focus on environmentally and socially conscious efforts.

Apr 25, 2022

Pharma company buys 56K-square foot Branchburg warehouse, GM Realty says

The property also offers the Somerset developer and manufacturer soft gelatin nutritional supplements 11,000 square feet of office space.

The Journal Square Transportation Center on Kennedy Boulevard in Jersey City.
Apr 25, 2022

GRID tapped to lease Jersey City’s Journal Square Transportation Center

The Port Authority of New York and New Jersey and PATH enlisted the hometown firm to handle retail at the 10-story transit hub.

First National Realty Partners acquired McAlpin Square located at 1900 E. Victory Drive in Savannah, Ga.
Apr 25, 2022

FNRP acquires Kroger-anchored Savannah shopping center

Following its entrance into a fourth new market last week, the Red Bank firm is again bolstering its grocery-anchored portfolio.

Marcus & Millichap Capital Corp. arranged $24 million in financing for a multifamily property at 1120 E. Saint Georges Ave. in Linden.
Apr 22, 2022

MMCC arranges $24M financing for Citivillage in Linden

“There continues to be strong lender interest in well located and occupied multifamily assets,” according to Marcus & Millichap Capital Corp. First Vice President Joseph Belgiovine, who arranged the funds.

Spiezle Architectural Group, founded in 1954, revealed a brand refresh and new website in 2022.
Apr 22, 2022

Spiezle Architectural Group refreshes brand to match continued growth

The Hamilton-based, employee-owned, full-service architectural, interior design, landscape architecture and planning firm was founded in 1954. It now has eight offices across six states, most recently expanding its footprint in Florida.

100 Grove Road in West Deptford.
Apr 22, 2022

WCRE facilitates acquisition of 64K-square-foot flex property

According to the firm, the sale of the West Deptford site adds to its growing number of successful investment deals in South Jersey and the Philadelphia region.

Luxury apartments Bella at Bergenfield, located at 15 W. Johnson Ave. in Bergenfield in Bergen County.
Apr 22, 2022

Luxury apartments in Bergenfield sold for $22.5M

The Kislak Co. Inc. announced the off-market transaction for the first new residential rental building to rise in the Bergen County municipality in 20 years.